Stock analysis Sumitomo Chem India Ltd SUMICHEM
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Recent prices of SUMICHEM Sumitomo Chem India Ltd are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 30 Tue Apr 2024 | 401.10 | 395.50 to 405.30 | -0.05% | 0.9 times |
| 29 Mon Apr 2024 | 401.30 | 399.00 to 406.20 | -0.73% | 0.56 times |
| 26 Fri Apr 2024 | 404.25 | 402.25 to 411.15 | -0.69% | 1.03 times |
| 25 Thu Apr 2024 | 407.05 | 399.35 to 409.50 | 1.84% | 0.91 times |
| 24 Wed Apr 2024 | 399.70 | 398.10 to 406.30 | -0.65% | 0.52 times |
| 23 Tue Apr 2024 | 402.30 | 401.55 to 412.00 | -1.45% | 0.82 times |
| 22 Mon Apr 2024 | 408.20 | 404.75 to 413.50 | 1.71% | 1.45 times |
| 19 Fri Apr 2024 | 401.35 | 390.30 to 411.00 | 0.38% | 1.73 times |
| 18 Thu Apr 2024 | 399.85 | 390.15 to 404.35 | 2.74% | 1.04 times |
| 16 Tue Apr 2024 | 389.20 | 388.00 to 395.05 | -0.54% | 0.48 times |
| 15 Mon Apr 2024 | 391.30 | 387.05 to 401.10 | -2.94% | 1.46 times |
| 12 Fri Apr 2024 | 403.15 | 400.15 to 408.90 | -0.3% | 2.1 times |
Technical analysis forecast of Sumitomo Chem India Ltd Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Sumitomo Chem India Ltd SUMICHEM at this time. Stock is rising and might rise more.
It appears as if Sumitomo Chem India Ltd SUMICHEM gave a large move recently.
Stock of Sumitomo Chem India Ltd (SUMICHEM) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
My analysis of Sumitomo Chem India Ltd is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 406.9 as stoploss in an intra day sell trade for a target of 391.86. However, stock will show a bullish move above 406.9.